Jack & Nancy Ribakoff Acquire Single Family Property In Beverly Hills From Seller Ken Karlan For $5.1M
336 El Camino Drive
$5,100,000
$1,248/SF
Building Size
4,085 SF
Asset Type
Single Family
Closing
Aug 23, 2022
AI
The single-family property located at 336 S El Camino Dr in Beverly Hills has been sold. The transaction took place on 08/23/2022. The property spans a total of 4,085 square feet and is situated in a highly desirable market.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $5,100,000
- Price per Square Foot: $1,248
- Buyer: Jack & Nancy Ribakoff
- Seller: Ken Karlan
- Broker: Nava Lavian - TruLine Real Estate
The buyer of the property is Jack & Nancy Ribakoff, while the seller is Ken Karlan. The deal was facilitated by Nava Lavian from TruLine Real Estate. It is worth noting that the seller purchased the house in November 2021 for $4,900,000 but decided to sell it for personal reasons without making any upgrades. The property was ultimately sold for $5,100,000, reflecting a significant appreciation in value within a relatively short timeframe.
For more information, you can view the property listing here.
Players
Tempe Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.11%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93